Part 1 State of the art review: developments in strategic management, D.E. Hussey; Part 2 Gaining competitive advantage: from competitive advantage to corporate strategy, M.E.Porter; emerging perspectives on corporate strategy, T.S.Wurster; the group competitive intensity map - a means of displaying competitive position, P.B.McNamee and M.McHugh; manufacturing strategy for competitive advantage, A.J.Pendlebury; making the technology-strategy connection, J.P.Henry; using information system to build competitive advantage, E.E.Tozer; new dynamics of strategy management in the global context of the 1990's, G.I.Nakamura; using information to gain competitive advantage, M.Mannelli and H.Butcher. Part 3 Other topics: adding value from corporate headquarters, A.Campbell and M.Goold; board participation in strategy - when and how?, F.F.Neubauer and A.Demb; human resource management, corporate culture and entrepreneurship as key issues in the Hungarian economic reform, M.Csath; strategic management in the public sector, K.Ascher and B.Naire; reading list - a personal selection, D.E.Hussey.